3.9K views · 146 reactions |  In #Turkey, prices are rising at a punishing rate⁠—inflation is up 70% in comparison to last year, nearly a two-decade high | FRANCE 24 English | Facebook
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Hyperinflation is a very destructive phenomenon that happens when a country's inflation rate exceeds 50% per month. Out of control inflation leads to currency devaluation and bizarre situations, like a loaf of bread costing 200 billion. This video explains the worst five cases of hyperinflation in the last 100 years. The top five include post-World War II Greece, Germany’s Weimar Republic, the Federal Republic of Yugoslavia, Zimbabwe, and Post War Hungary. #hyperinflation #inflation #economy #fi
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